DIW, a Berlin economics institute, some tax on distributed profit now shows up as income tax (paid by shareholders) instead of corporation tax.

ECONOMIST: German business

Corporation tax is paid by all companies that make a profit.

BBC: Lunch Lesson 10 - Pre-Budget speech

It was incorporated as an Illinois not-for-profit corporation in 1963 at the behest of the ABA, which is a tax-exempt business league.

FORBES: Informer